by Jeffrey A. Rendall Predictions. It’s what New Year’s is all about. It goes without saying that 2018 was full of surprises. Heading into this year Republican majorities in both houses of Congress had just passed a massive reorganization of the federal tax code, including a sizeable tax cut for most Americans in the bill language. By January 1, Democrats were already griping about reduced rates for corporations and businesses, claiming, as they always do, that the benefits of the new law would rain down disproportionately on the wealthiest and most powerful taxpayers. Never mind that many, many companies had already announced sizeable end-of-the-year bonuses and raises for employees based on the improved future tax outlook. Nonetheless, Democrats were convinced the popularity of the new law would not improve (especially if they demagogued the matter) over the course of time. Democrats believed they could parlay President Donald Trump’s lukewarm favorability numbers into a “wave” in November. After all, they’d just been eminently successful in stealing a senate seat in deep red Alabama (with a huge assist from the Washington GOP establishment), so the sky was the limit, right? Last month’s election came and went, Democrats gained 40 seats in…
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